Women Match Men In Business Start-ups For First Time

23rd July 2024

Women in Scotland have reached a "landmark moment" in business, with the number of female entrepreneurs matching the number of men for the first time.

A report has found that women were starting and running new businesses at virtually the same rate as men last year.

The global entrepreneurship monitor (GEM), an annual measure of entrepreneurship, found 8.6% of working-age women in Scotland were running or setting up a new business in 2023 compared with 9.8% of men, something the report describes as "statistical parity".

This compares with 7.2% of women and 10.5% of men in 2022.

The report was compiled by the universities of Edinburgh, Glasgow and Strathclyde.

It said that 300,000 people in Scotland were engaged in early-stage entrepreneurial activity in 2023.

Read the full article at the BBC